Singapore Shipping (SGX:S19) Cash And Cash Equivalents : S$83.86 Mil (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Singapore Shipping Cash And Cash Equivalents?

Singapore Shipping's quarterly cash and cash equivalents increased from Sep. 2022 (S$63.29 Mil) to Mar. 2023 (S$79.62 Mil) and increased from Mar. 2023 (S$79.62 Mil) to Sep. 2023 (S$83.86 Mil).

Singapore Shipping's annual cash and cash equivalents increased from Mar. 2021 (S$51.98 Mil) to Mar. 2022 (S$60.59 Mil) and increased from Mar. 2022 (S$60.59 Mil) to Mar. 2023 (S$79.62 Mil).

Singapore Shipping Cash And Cash Equivalents Historical Data

The historical data trend for Singapore Shipping's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Singapore Shipping Cash And Cash Equivalents Chart

Singapore Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

35.29

43.26

51.98

60.59

79.62

Singapore Shipping Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															57.81	60.59	63.29	79.62	83.86

Singapore Shipping Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Singapore Shipping (SGX:S19) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Singapore Shipping Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Singapore Shipping's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Singapore Shipping (SGX:S19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Shipping Corp Ltd (SGX:S19) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

W1M:Germany

Address

200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763

Website

http://www.singaporeshipping.com.sg

Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates most of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates most of its revenues from Japan.

Singapore Shipping (SGX:S19) Headlines

No Headlines